[Federal Register Volume 77, Number 205 (Tuesday, October 23, 2012)]
[Notices]
[Page 64850]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2012-25997]
[[Page 64850]]
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DEPARTMENT OF THE TREASURY
Internal Revenue Service
Proposed Collection; Comment Request for Notice 2009-72
AGENCY: Internal Revenue Service (IRS), Treasury.
ACTION: Notice and request for comments.
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SUMMARY: The Department of the Treasury, as part of its continuing
effort to reduce paperwork and respondent burden, invites the general
public and other Federal agencies to take this opportunity to comment
on proposed and/or continuing information collections, as required by
the Paperwork Reduction Act of 1995, Public Law 104-13 (44 U.S.C.
3506(c)(2)(A)). Currently, the IRS is soliciting comments concerning
Notice 2009-72, Qualifying Advanced Energy Project Credit.
DATES: Written comments should be received on or before December 24,
2012 to be assured of consideration.
ADDRESSES: Direct all written comments to Yvette Lawrence, Internal
Revenue Service, room 6129, 1111 Constitution Avenue NW., Washington,
DC 20224.
FOR FURTHER INFORMATION CONTACT: Requests for additional information or
copies of the regulations should be directed to Allan Hopkins at
Internal Revenue Service, Room 6129, 1111 Constitution Avenue NW.,
Washington, DC 20224, or at (202) 622-6665, or through the internet at
[email protected].
SUPPLEMENTARY INFORMATION:
Title: Qualifying Advanced Energy Project Credit.
OMB Number: 1545-2151.
Notice Number: Notice 2009-72.
Abstract: This notice establishes the qualifying advanced energy
project program (``advanced energy program'') under Sec. 48C(d) of the
Internal Revenue Code and announces an initial allocation round of the
qualifying advanced energy project credit (``advanced energy credit'')
to qualifying advanced energy projects under the advanced energy
program. A qualifying advanced energy project re-equips, expands, or
establishes a manufacturing facility for the production of certain
energy related property. A taxpayer must submit, for each qualifying
advanced energy project: (1) An application for recommendation by the
DOE (``application for DOE recommendation''), and (2) an application
for certification under Sec. 48C(d)(2) by the Service (``application
for Sec. 48C certification''). Both applications may be submitted only
during the 2-year period beginning on August 14, 2009. Certifications
will be issued and credits will be allocated to projects in annual
allocation rounds. The initial allocation round will be conducted in
2009-10, and if necessary, additional allocation round in 2010-11.
Current Actions: There is no change in the paperwork burden
previously approved by OMB. This notice is being submitted for renewal
purposes only.
Type of Review: Extension of a currently approved collection.
Affected Public: Business or other for-profit.
Estimated Number of Respondents: 1000.
Estimated Average Time per Respondent: 110 hrs.
Estimated Total Annual Burden Hours: 110,000 hrs.
The following paragraph applies to all the collections of
information covered by this notice:
An agency may not conduct or sponsor, and a person is not required
to respond to, a collection of information unless the collection of
information displays a valid OMB control number. Books or records
relating to a collection of information must be retained as long as
their contents may become material in the administration of any
internal revenue law. Generally, tax returns and tax return information
are confidential, as required by 26 U.S.C. 6103.
Request For Comments: Comments submitted in response to this notice
will be summarized and/or included in the request for OMB approval. All
comments will become a matter of public record. Comments are invited
on: (a) Whether the collection of information is necessary for the
proper performance of the functions of the agency, including whether
the information shall have practical utility; (b) the accuracy of the
agency's estimate of the burden of the collection of information; (c)
ways to enhance the quality, utility, and clarity of the information to
be collected; (d) ways to minimize the burden of the collection of
information on respondents, including through the use of automated
collection techniques or other forms of information technology; and (e)
estimates of capital or start-up costs and costs of operation,
maintenance, and purchase of services to provide information.
Approved: October 17, 2012.
Allan Hopkins,
Tax Analyst.
[FR Doc. 2012-25997 Filed 10-22-12; 8:45 am]
BILLING CODE 4830-01-P